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30068906
30068907

6509–6510 Brynhurst Ave, Los Angeles, CA 90043

TA
CA 00910513
Marcus & Millichap - Los Angeles
Marcus & Millichap - Los Angeles
AZ
CA 02233174
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$3,295,000
92 days on market
Updated 92 days ago

6509–6510 Brynhurst Ave

Details
APN 4006-019-004;4006-020-004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,636
Units 21
Cap Rate 5.11%
NOI $168,323
Occupancy 90%
Pro-Forma Cap Rate 13.10%
Pro-Forma NOI $434,644
Price per SqFt $225
Year Built 1964;1953
Buildings 4
Stories 2
Lot Size (SqFt) 22,725
Zoning LAR3
Investment Type Value Add
Ownership Fee Simple

Multifamily | 21 Units | $156,905/unit

Marketing description

The Azzi Group of Marcus & Millichap is pleased to present the opportunity to acquire 6509–6510 Brynhurst Ave, a two-property, 21-unit investment opportunity located in the 90043 zip code of Los Angeles.

South Los Angeles is experiencing a major transformation fueled by increasing demand for affordable housing, ongoing transit investments, and spillover growth from nearby submarkets. The 90043 zip code benefits from its highly central location with convenient access to Downtown LA, Culver City, USC, and Inglewood, making it a preferred choice for renters seeking value and connectivity. The area is also popular among employees of SoFi Stadium, Intuit Dome, and LAX, who appreciate the short commute and abundant nearby amenities. As one of the city’s most rapidly evolving submarkets, 90043 continues to demonstrate strong, stable rental demand supported by a deep tenant pool, while steadily rising median home prices indicate sustained long-term growth and improving neighborhood fundamentals.

6509-6510 Brynhurst Ave is nestled in the heart of South Los Angeles, offering convenient access to the Crenshaw Corridor, thriving Inglewood, and the dynamic Downtown LA core. Surrounded by cultural landmarks, major transit lines, and emerging retail, the location blends historic charm with modern momentum.

Downtown Los Angeles (DTLA) is a rapidly transforming urban hub, combining high-rise living, major employment, and cultural hotspots in a single, highly accessible area. Home to LA’s Financial District, the Arts District, and several world-class venues such as L.A. Live, Crypto.com Arena, and The Broad Museum, DTLA has become a central lifestyle destination. Billions in public and private investment over the past decade have revitalized the area, with modern transit lines, luxury apartment towers, and a thriving culinary and nightlife scene.

Once a quiet suburb, Culver City has become a powerhouse for media, entertainment, and technology. With Amazon Studios, Apple TV+, HBO, and Sony Pictures all establishing major offices in the area, Culver City is now a top destination for high-paying jobs and creative professionals. Its revitalized downtown area features art galleries, fine dining, boutique fitness studios, and upscale residential communities. As one of the most walkable neighborhoods in LA, Culver City continues to see record-setting real estate prices and strong tenant demand.

Inglewood is one of Los Angeles’ fastest growing neighborhoods, experiencing a major transformation fueled by billions in public and private investment. Home to SoFi Stadium, the Kia Forum, and the Intuit Dome, Inglewood has become a national destination for sports, entertainment, and economic opportunity. The area has seen a surge in new development, improved infrastructure, and rising home values. Located just south of the property, Inglewood offers immediate access to major transit corridors, LAX, and a rapidly expanding cultural and business hub.

Investment highlights

  • Exceptional value-add opportunity with 78% rental upside!
  • On-site laundry facilities and parking for tenants!
  • Seller financing available - ownership is open to providing attractive seller financing—significantly reducing the buyer’s equity requirement, improving cash-on cash returns, and allowing investors to lock in highly accretive debt at closing.
  • Charming 1953 & 1964 construction with classic curb appeal - two well-maintained, two-story buildings totaling 21 units across two separate properties, Offering stable in-place operations and scalable upside.
  • Two large opposing lots totaling 22,725 sf - expansive combined lot area with 14,636 sf of gross building area, providing operational flexibility and attractive Long-term redevelopment optionality
  • Desirable unit mix - (3) studios | (6) one-bedrooms | (12) two-bedrooms — a diversified mix that appeals to both individuals and families within a high-demand Workforce housing corridor
  • Value-add & redevelopment potential - favorable lar3 zoning supports ADU additions (buyer to verify) and offers a clear pathway for higher-density multifamily Redevelopment
  • Strong renter demand in the underserved 90043 zip code - supported by proximity to major employment centers such as SoFi stadium and by the k line Serving as a key transit Corridor including Westfield culver city and Baldwin hills crenshaw plaza!
  • Attractive long-term hold in a rapidly evolving Los Angeles submarket!

Listing Contacts

TA
CA 00910513
Marcus & Millichap - Los Angeles
Marcus & Millichap - Los Angeles
AZ
CA 02233174
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$168,323.00
$14,026.92/mo

Valuation Metrics

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DSCR
5.11%
Cap Rate
5.11%
ROI

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Additional Information

Name
Tony solomon
License
01238010
Title
Broker of Record
Name
Tony Azzi
License
00910513
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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